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0 0.000714941351746407 0.00088099224634566 0.00023523876734875 0.00491233896522622 0.00957098906370358 0.0118957015880923 0.0118957015880923
Stock impact report

‘Nowhere to absorb it': From consumer small business to big food, the Trump tariff cost warnings mount [CNBC]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: CNBC
“I am at a point with my business where I can finally put my foot on the gas but now I don't know if it's going to be feasible to keep the business going,” said Anjali Bhargava, founder of spice company Anjali's Cup. “Heartbreaking,” the small business owner said. The Consumer Brands Association, a major food industry trade group, says its member companies largely support “America First” and many manufacture in rural parts of the the U.S., but their supply chains are global, “incredibly tapped out” and with any cost hikes “there is nowhere to absorb it.” President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025. Fear of rising supply chain costs as a result of President Donald Trump's new tariffs expected to be implemented Wednesday — “Liberation Day,” as Trump calls it — have small to medium-sized businesses turning down opportunit Show less Read more
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